Accounting homework help

2020S1 TACC606 Assignment information
Value: 20% of overall assessment
Due date: Sunday 24 May 2020 (Week 8)
Word limit: 1500 words (excluding references)
Assignment Requirements:
• Submission:
Students must submit the group assignment online by 11:59 pm (AEDT) on Sunday 24
May 2020. Late penalty will be at 10% per day.
• Structure:
Use essay structure which contains introduction, body, conclusion and reference list.
• Formatting and referencing:
The assignment must be word-processed, 1.5 line spacing, and the word size should be 12
with ‘Times new roman’ font type. Harvard style reference preferred.
Question:
IASB has issued International Financial Reporting Standards (IFRS) that are being adopted by
nations all over the world. Please read the IASB chairman’s speech at an event hosted by the
Accounting Standards Board of Japan about adoption of IFRS Standards around the world on 29
August 2018 in Tokyo. You can access the full speech by using the following link:
https://www.ifrs.org/news-and-events/2018/08/chairmans-speech-japan-and-ifrs-standards/
Critically discuss any issues raised in relation to IFRS adoption around the world.
The objective of the assignment is to develop your critical thinking, technical research and
written communication skills. You need to investigate and analyse accounting literature and
recent developments on IFRS adoption. You are required to use extensive references to support
your discussion.
Please refer to the marking rubric for marking criteria